E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/23/2016 in the Prospect News Investment Grade Daily.

Eversource Energy intends to sell $250 million 10-year debentures

By Lisa Kerner

Charlotte, N.C., May 23 – Eversource Energy is set to sell $250 million of debentures due June 1, 2026, according to a 424B3 filing with the Securities and Exchange Commission.

The joint bookrunners are BNY Mellon Capital Markets LLC, Citigroup Global Markets Inc., MUFG and Mizuho Securities USA Inc.

Williams Capital Group LP is the co-manager.

Proceeds will be used to repay short-term debt, to fund capital expenditures and for working capital.

The Boston-based company is engaged in the energy delivery business through utility subsidiaries.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.